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The Federal Reserve has ended its roughly $3.7 trillion program of bond buying, leaving in its wake hard questions Did it strengthen the economic recovery? If so, by how much? What are the long-run effects? Should it be used again? We don't have good answers. We need a dispassionate accounting of its successes and shortcomings, because the bond buying represents the most significant economic-policy innovation to emerge from the 2008-09 financial crisis. Instead, the subject is defined by a patchwork of disconnected studies and bewildering jargon. The bond buying itself is called both "quantitative easing" and "large-scale asset purchases." Let's demystify....

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The Federal Reserve has ended its roughly $3.7 trillion program of bond buying, leaving in its wake hard questions Did it strengthen the economic recovery? If so, by how much? What are the long-run effects? Should it be used again? We don't have good...

A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.
The federal consumer agency said that borrowers...

UPDATED: Barack Obama and Bill Clinton are the main guests on the Sunday programs this weekend.
Obama talks to George Stephanopoulos on ABC's "This Week," which starts at 11 a.m. on WFTV-Channel 9. Obama told ABC that the World Cup is affecting...

The idea that some banks are "too big to fail" became common in 1984 when Continental Illinois was on the brink of failure. The seventh-largest bank in the U.S. at the time, Continental Illinois had $40 billion in assets, but many of those...

First lady Michelle Obama has led the charge to cut Americans down to size, encouraging couch spuds to reduce their girth.
Not only are diet discussions gaining traction in supermarkets, but also in U.S. financial markets. A rising chorus of powerful...

Matt Certo jumped at the chance to use his smartphone for banking as soon as his bank offered the service a few years back.
The Orlando high-tech entrepreneur understood the technology and knew the benefits. But he also was aware of the risks.
...

Facing multimillion-dollar losses, the CredAbility credit-counseling agency pared its Orlando staff and laid off its top local executive last fall as part of a companywide downsizing. In early January, Atlanta-based CredAbility was absorbed in a merger...

Beyond what we eat, what we're born with and what we do, our environment contributes in major — and mostly unnoticed — ways to our health and our weight.All have conspired to make two-thirds of adult Americans and one-third of American youths...

A potential settlement agreement between state attorneys general, federal agencies and the nation's five largest banks over foreclosure-related offenses is falling apart. Already two large and influential states — first New York and now California — have...

UCF economist Sean Snaith — bless his heart — has managed to work a Charlie Sheen reference into his latest quarterly forecast released today. It's a little clunky, but hey, it's economics. Give the guy credit for trying to inject a little life int

Here are two pieces of news that seem pretty encouraging, but both contain caveats that make me just a little bit queasy. First the good stuff: The Conference Board gauge of CEO confidence, which ticked up at the end of 2010, is up again for the first quarter

From the May issue of the AARP Bulletin, these very useful tips on spotting phony checks designed to snare YOUR money: 1. Edges: Most legit checks have at least one perforated or rough edge. If all edges are smooth, the check may have been printed from a perso

If the Tea Party isn't conservative enough, try the Christian Party of America: “a national third-party of Christian voters, dedicated to proclaiming that Jesus is Lord in the political arena. Our purpose is to bring our country back to being an unabashe

Rep. Allen West, R-Fla., will be a guest on "Fox News Sunday," which starts at 9 a.m. on WOFL-Channel 35. Other guests are Sen. John McCain, R-Ariz., and Rep. Donna Edwards, D-Md. The panel will be Juan Williams, Bill Kristol, Nina Easton and Byron York.

Man, there's nothing I don't like about this story. It's from National Public Radio and it reveals that the U.S. has more than $1 billion in coins stashed away in a vault because elected officials badly misread consumers' willingness to use $1 coins instead of

CBS' "Face the Nation" will talk to Sen. Lindsey Graham, R-S.C.; Obama campaign strategist David Axelrod; and Howard Dean, former chair of the Democratic National Committee. The program starts at 10:30 a.m. on WKMG-Channel 6.

That didn't take long. Rick Perry's in the race less than a week and manages to say something so outrageous that even Karl Rove called him out, violating Ronald Regan's 11th Commandment. “You don’t accuse the chairman of the Federal Reserve of being a tr

Former U.S. Senator George LeMieux, who's campaigning to get back into the U.S. Senate, has fired off a letter to PresidentBarack Obama asking him to answer several questions about the president's policies that essentially define LeMieux's policies – in

For struggling homeowners who are holding out hope that their banks may ultimately reduce the principal they owe on their homes, there may be a glimmer of hope. While I have never advocated for large-scale, blanket principal reductions for underwater borrowers